Manager, Derivatives Business Manager

Responsibilities

• Serve as the primary contact with the group broker, exchanges and clearing houses; drive commercial agreements, channel opening.
• Partner with Product & Engineering to launch and continuously improve the options trading experience on App from order entry, market data, positions and margin monitoring to advanced flows (multi-leg strategies,exercise, roll); own requirements, UAT and post-launch iteration based on user feedback and competitor benchmarks
• Operationalise the tiered client onboarding framework for derivatives: knowledge assessment, risk questionnaire, experience declaration
• Support the relationship-manager and customer service team with product training, and enablement material (for live products only)
• Build and monitor the derivatives operations dashboard: active clients, retention, AUM
• Apply SFC Code of Conduct provisions on complex-product suitability; support audits and regulatory filings

Requirements

• Bachelor's degree or above in Finance, Economics, Mathematics, Statistics, Financial Engineering or related
• Minimum 5 years in derivatives business at a Hong Kong licensed institution; at least 3 years in product, trading or operations
• HKSI Paper 1 (Type 1 – Dealing in Securities) registered as a Licensed Representative on day one.
• Strong understanding of equity options and structured notes: product mechanics, margin, Greeks, common hedging / arbitrage strategies
• Familiarity with HKEX, CBOE and comparable exchanges' derivatives rules
• Strong grasp of how competitors run their derivatives business — product design, fee structure, client experience and activity levels at players such as Futu, Tiger Brokers, Interactive Brokers, Webull and major traditional investment banks in the options space; able to propose benchmarking-driven improvements
• Solid working knowledge of SFC rules on Complex vs Non-complex Products